Economics of Climate Change in East Asia

This regional study examines how strategies for adapting to climate change up to 2050 can be combined with measures to reduce greenhouse gas emissions in East Asia.

This regional study includes the People's Republic of China, Japan, the Republic of Korea, and Mongolia and examines how strategies for adapting to climate change up to 2050 can be combined with measures to reduce greenhouse gas emissions in East Asia. Besides discussing climate model results for costs of adaptation in infrastructure, coastal protection, and agriculture, the study estimates costs for sector-specific mitigation options and the total abatement potential for 2020 and 2030. Long-term strategies for addressing the impacts of climate change in East Asia are explored with a focus on the linkages between adaptation and mitigation taking account uncertainty about key climate variables. Finally, it discusses opportunities for enhancing the effectiveness of some critical climate change policies such as regional carbon markets.

Contents

Executive Summary

Introduction

Climate Change Impact on East Asia

The Economics of Adaptation in the Infrastructure Sector

The Economics of Adaptation in the Coastal Sector

The Economics of Adaptation in the Agriculture Sector

The Impacts of Climate Change on Poverty in East Asia

Greenhouse Gas Projections and the Costs of Sector-Specific Mitigation Options

Subscriber Services

ADB encourages websites and blogs to link to its web pages. Articles may be republished without alteration with the attribution statement “This article was first published by the Asian Development Bank (www.adb.org)" and a clickable link back to adb.org.